Cryptocurrencies and non-fungible tokens (NFTs) that Kraken supports are available to buy and sell on the spot trading exchange. The platform also offers margin trading, staking and custodial services.

Kraken supported assets have a reputation as one of the safest cryptocurrency exchanges, which stems partly from its co-founder Jesse Pollack’s work helping to recover funds from the Mt Gox hack in 2014. It is known for its security features, 24/7 customer support, digital wallets and custodial services.

What Can You Trade on Kraken? Supported Assets List

Kraken is a centralized platform, which means it controls access to your account and can freeze withdrawals or close your account if it suspects any suspicious or prohibited activity. As a result, it may take longer for your withdraws to appear in your bank account.

Staking with Kraken offers a wider range of on-chain yield opportunities than centralized platforms like Coinbase and Binance, but also comes with risks. The risk is that your staking assets could be subject to a slashing mechanism, which involves cutting the yield of staking tokens in order to enforce protocol validation rules. In addition, centralized staking platforms charge a commission on staking yields, which reduces your overall earnings.

The best way to minimize your exposure is to use a liquid staking token on a network that doesn’t have a slashing mechanism, such as Lido stETH or Solana. Another option is to use the new staking aggregator on the Best Wallet app, which gives you direct access to a wide variety of liquid staking tokens that can be used on many different protocols.…

The Best Investment Apps Ireland have taken the investing world by storm, making it easy for anyone to monitor capital markets from their mobile device. Many of these platforms also provide a number of useful, unique features that can help users build more efficient portfolios. These unique features can include social trading, automatic investments, and more. However, it’s important to understand the costs associated with each platform before selecting one for your needs.

Some platforms may charge extra fees that can significantly impact overall returns, including spreads, withdrawal fees, inactivity charges, and currency conversion fees. These additional fees can make a huge difference to your bottom line, so it’s important to compare these charges before selecting an investing app. Fortunately, many platforms offer commission-free trading, making it easier to keep your profits.

Best Investment Apps in Ireland for Smart Investors

eToro is widely regarded as the leading trading app in Ireland, offering a wide selection of tradable assets to suit any investment strategy. With its straightforward UI and library of educational content, the platform is especially attractive for beginners. Moreover, it has an extensive offering of ETFs, which makes it easy to diversify your investment portfolio.

Trade Republic is another popular choice among investors in Ireland, with a user-friendly app and a variety of tradable assets. The company offers low trading fees and no commissions on ETF trades, making it a great option for cost-conscious traders. Additionally, the platform provides access to the largest ETF selection in Europe, allowing you to build a diversified portfolio that fits your investing goals.…

Tesla’s sky-high valuation has been a source of contention, but the company remains the world leader in EV technology and has cultivated a loyal customer base. However, the company faces a number of long-term challenges and competition, and many investors believe the stock has much further to fall.

Tesla Short Selling Guide can make money from a decline in Tesla’s share price by shorting the company’s stock. This involves opening a margin account with a broker, borrowing shares and then selling them for more than you borrowed them for. Then, when Tesla’s stock price falls, you buy back the shares at a lower price and close the position for a profit.

Traditional methods of shorting stocks require a significant upfront investment and are only suitable for sophisticated investors with the ability to manage the risks involved. Thorough research is essential, as a stock’s price movements can be unpredictable. Detailed analysis of market sentiment, technical indicators, and earnings reports can help identify potential price moves.

Elon Musk’s Counteroffensive

In recent years, CEO Elon Musk has waged an open war against short sellers, using social media to mock them and at times directly influence the company’s stock price. This has exacerbated volatility and made it even more difficult to short Tesla stocks successfully.

Another option for shorting Tesla is to use an inverse exchange-traded fund (ETF). These funds track indices that move in the opposite direction of a specific sector or stock. They can be traded like stocks and are usually easier to access than direct shorting Tesla shares. However, these funds can suffer from their own problems. For example, they often suffer from ‘short squeeze’ traps whereby a sudden rise in the stock price forces short sellers to buy back shares and drive the price even higher.…